In May British retail sales tumble

In May British retail sales tumble

In May, British retail sales dropped more than expected as official data demonstrated on Thursday.

The UK Office for National Statistics told that in May retail sales headed south 1.2% from the previous month, unlike the previous 2.5% gain, which was revised from an initial 2.3% soar.

Financial experts had expected May’s outcome to edge down by 0.8%.

Year-on-year, retail sales went up 0.9% the previous month, compared to predictions for surge of 1.7%. April’s reading was revised upward to 4.2% from the previous 4% leap.

Core retail sales, excluding fuel and car sales inched up by 1.6% in May, compared to the previous 2.2% jump that was updated upward from the first soar of 2%.

Financial experts had expected core retail sales to decrease by 0.8% the previous month.

Year-on-year, in May core retail sales added 0.6%, unlike the previous month’s 4.6% soar and the consensus prediction for a 1.9% soar.

Meanwhile, in May American retail sales edged down.





Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera